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Showing posts from February, 2025

Tips on Marketing your Business!

As I have done my research this week I have come to find the importance of having good headlines. This is something that I previously had never considered. I am not sure why I didn't consider the importance of this in the past. After all it is the first thing that many people will see. It plays a large role in determining if someone is going to click on your link and go check out your website or not. This is why it is very important to come up with something that will attract people to your site.  I also have come to learn a lot about different google ads this week. I have started running my own google ads for my business Stitch N Knit and it has taught me a lot. There are several different types of google ads that you can choose from. It ultimately comes down to finding the one that fits your business and program the best. I choose one that pops up on google search and directs people to our website. Mine hasn't been up very long but it so far has proven to be very successful b...

Creating and Running a Business

 This week I have officially created my first business and started running it. I have learned a lot that I want to share with you. There are many different steps that I had never considered before. An obvious thing you need to do is create a website. You will also need to create a bank account where you will receive your payments. You will need a business email or other form of contact information. You will also need to decide if you will be requiring your customers to pay first or put a down payment on things. You will need to decide what your return policies will be. Shipping and how you go about that is another thing to take into account. As you can see there are many different things that you need to consider. These are all dictions that I made for my business this week. 

Buying a Business

     A lot goes into buying a Business. This is something that I hadn't previously considered. Through my research I have learned a lot that I want to share with you. E-myth part one suggests that just because you are good at your trade or what you do doesn't necessarily mean that you will be a good business owner and operator. It suggests the strong importance of being knowledgeable in the business world in order to be successful. When selecting a business to buy there is a lot that you need to look into and consider. You not only need to look at how much they are selling it for but also how much it has made over the last few years. You need to check what the growth rate is and the market for the business. There are just a few things that you need to consider when buying a business.       In the Concrete Specialist Ins. case study and the Francisco's Italian Grill case study I learned a lot about the difference in business and how important it is to c...

License and Taxes

There are many different legal structures and taxes that are required to starting a business. This is something that many people don't take into account.  The requirement differ from state to state so I have found that it is very important to research what is required where you are at. I am currently in ID so that is what state I did most of my research for. I have come to find that in ID you need to  register your business with the state. You will also need to have a business license in order to do so. Taxes are also very important. You need to file for income taxes and self employment taxes along with a couple more. There are different circumstances when these things might not apply. For example if you don't live in the city in ID then you might not need a business license to start a small business. This is just one example of why it is important to do research and find out what is required before you start a business. 

Creating a Business

One of the best parts of starting your own online business is the creative freedom it allows you to have. You can customize and design various parts of your website. You can determine completely how it looks and runs. You can pick the colors, font, different pages you want and so much more. An important thing is to consider the location of where everything will be located on your website. For example, you will want to make sure that the cart and checkout system are straightforward to find. You will also need to maintain a high level of professionalism. Something that will help you to do this is to be very organized and ensure that any pictures you have on your website are high quality.  You will also need to decide what kind of business you will be running and how you will be recovering the funds for your product. Two great options on how to start are by either having an e-commerce website or a non-e-commerce website.  An e-commerce business would target a bigger audience beca...

Starting your own business

 There are so many different components when it comes to starting your own business. There are so many different things that you have to consider and so many decisions you need to make. At times it can be straight-up overwhelming. With that being said it is very important to make decisions that will benefit your business and reduce the stress load. A huge decision to make that will go is to decide what website builder to use. There are many excellent options with great resources and benefits. After doing much extensive research I have come to find that one of the best ones that you could use is Wix.com. Wix is very user-friendly and has a variety of features allowing you to customize your website. This is an immense advantage when it comes to running a business. This is why I think Wix is a great option to go with.